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Most (71%) Canadians Aware of Tax-Free Savings Accounts, One Quarter (24%) Have Opened an Account

Primary Reason Among those Without a TFSA For Not Having One is That They Have No Money to Invest

October 27, 2009

Contact Sean Simpson at (416) 572-4474

Category Finance & Economy
Location Canada


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Related Information

For more information, contact:
Sean Simpson at (416) 572-4474

Toronto, ON – Just 10 months following their inception, most (71%) Canadians have now heard of the new Tax-Free Savings Accounts that became available in January 2009, according to a new Ipsos Reid poll conducted on behalf of RBC. Conversely, one quarter (22%) of Canadians have not heard about them, while 6% don’t know if they are aware of them.